Mr. Crypto 12.5: Bitcoin and Ethereum Market Analysis and Reference (with Strategy Reference)

Bitcoin Price Analysis (December 5th): Bitcoin rebounded yesterday, but insufficient buying pressure prevented further upward movement. Intraday, the price retraced to 90800 before rebounding again. Daily support is still slowly adjusting. The key focus going forward is the short-term resistance level of 9400-9500. Without a breakout, the consolidation phase is expected to continue. Investors are advised against blindly chasing the price higher, as a pullback to support is possible. On the short-term hourly chart, the Bollinger Bands are narrowing, and yesterday's multiple tests of resistance indicated weakening bullish momentum. Currently, the price is trading around 92000, undergoing a consolidation phase. A short-term rebound from the middle band has occurred, and the support below has not been broken. The short-term market is showing signs of a stalemate between bulls and bears, and various moving averages and indicators are flattening out. This consolidation is expected to continue for some time. Investors are advised to be prepared. The upper resistance level to watch is around 95,000, and the lower support level is around 90,000. Bitcoin short-term trading strategy for December 5th: Short at 94,300-95,300, stop loss at 97,500, target below 93,300. Long at 90,000-91,000, stop loss at 500, target above 91,500. Ethereum short-term strategy for December 5th: Short at 3265-3315, stop loss at 30 points, target below 3160. Long at 3001-3061, stop loss at 30 points, target above 3100. Note: There may be a delay in posting this article. The strategies are for reference only. Market conditions change rapidly. No matter how confident you are in your market analysis, always use stop-loss and take-profit orders to secure profits.